Thai Vegetable Oil PCL Cash Flow Statement

Financials in millions THB. Fiscal year is January - December.

Millions THB. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	2,189	2,103	729.56	1,604	2,068
Depreciation & Amortization	384.08	298.23	289.52	317.02	335.1
Other Amortization	-	4.85	6.74	7.63	8.46
Loss (Gain) From Sale of Assets	-1.54	7.73	0.55	-5.04	-5.73
Asset Writedown & Restructuring Costs	-	-	0.77	167.07	-
Loss (Gain) From Sale of Investments	-43.99	-16.26	-13.12	-4.82	-5.37
Provision & Write-off of Bad Debts	-6.94	-8.94	-17.33	-5.48	9
Other Operating Activities	-52.91	202.34	-368.41	310.04	-68.64
Change in Accounts Receivable	-305.52	283.35	-78.84	196.95	-453.48
Change in Inventory	529.07	1,311	5,818	-5,307	-240.19
Change in Accounts Payable	-992.55	734.71	-5,142	5,137	-809.3
Change in Other Net Operating Assets	15.94	-3.52	60.54	-3.81	-23.2
Operating Cash Flow	1,714	4,917	1,286	2,414	814.27
Operating Cash Flow Growth	-65.13%	282.31%	-46.71%	196.41%	-65.25%
Capital Expenditures	-477.29	-1,269	-993.57	-420.81	-340.17
Sale of Property, Plant & Equipment	5.82	2.1	6.57	23.04	7.18
Sale (Purchase) of Intangibles	-2.74	-0.09	-1.83	-1.39	-0.65
Sale (Purchase) of Real Estate	-42.16	-	-	-	-
Investment in Securities	409.97	-2,317	649.43	-214.41	1,270
Other Investing Activities	96.33	85.17	42.87	49.49	23.45
Investing Cash Flow	-10.08	-3,498	-296.53	-564.08	959.61
Short-Term Debt Issued	-	-	-	-	0.21
Total Debt Issued	-	-	-	-	0.21
Short-Term Debt Repaid	-	-	-	-992.33	-
Long-Term Debt Repaid	-5.04	-5.28	-5.13	-5.36	-4.77
Total Debt Repaid	-5.04	-5.28	-5.13	-997.7	-4.77
Net Debt Issued (Repaid)	-5.04	-5.28	-5.13	-997.7	-4.56
Issuance of Common Stock	0	-	-	-	-
Common Dividends Paid	-1,538	-1,289	-897.68	-889.32	-1,697
Other Financing Activities	-52.62	-34.41	-12.14	-30.91	-58.88
Financing Cash Flow	-1,596	-1,329	-914.95	-1,918	-1,761
Net Cash Flow	108.75	89.9	74.62	-68.46	13.08
Free Cash Flow	1,237	3,648	292.53	1,993	474.1
Free Cash Flow Growth	-66.09%	1147.08%	-85.32%	320.32%	-74.54%
Free Cash Flow Margin	4.42%	11.92%	0.85%	5.10%	1.51%
Free Cash Flow Per Share	1.39	4.10	0.33	2.24	0.53
Cash Income Tax Paid	-	282.14	123.23	480.76	636.44
Levered Free Cash Flow	-1,266	3,062	-85.35	1,604	-264.88
Unlevered Free Cash Flow	-1,264	3,069	-73.03	1,608	-262.27
Change in Working Capital	-753.05	2,326	657.83	22.97	-1,526

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.